The Grand Rapids MSA has recently landed at the top of two rankings for job growth and economic potential. Reuters named Grand Rapids one of the top cities in the nation for job growth and Business Facilities ranked Grand Rapids the number one mid-sized city for economic growth potential.
Grand Rapids named ‘superstar’ city by Reuters
International news organization, Reuters, recently published an analysis of seven-year job growth in metropolitan statistical areas (MSAs) throughout the United States. This analysis found that 40% of the new jobs generated during that time went to 20 top ‘superstar’ cities. These high performing cities represent about a quarter of the population and are experiencing out-sized job growth. The Grand Rapids area is one of only two cities in the Midwest on the list. The rest of the top 20 cities are clustered around fast growing regions in the south and coastal areas, such as Atlanta, Austin, San Francisco, and Seattle. The full report can be found here.
Grand Rapids ranked #1 mid-size city for economic growth potential by Business Facilities
In its 15th annual ranking, Business Facilities' 2019 Metro Rankings Report named Grand Rapids the No.1 mid-sized city in the country for economic growth potential. The magazine highlighted the region for its diverse economic strengths in automotive, food processing, office furniture, metals, plastics, biopharmaceuticals, medical devices, and production technology.
Grand Rapids out-ranked several other notable cities, including Madison, WI and Birmingham, AL. The full ranking can be found here.
“The Grand Rapids region has experienced tremendous economic growth over the past several years,” said Birgit Klohs, President and CEO, The Right Place, Inc. “These rankings recognize our region as a national leader, and further solidify our area as a destination for business success. There is no better time than now to be doing business and living in West Michigan.”